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The expression Spanish real estate crisis or property crisis that began in 2008 refers to the set of economic indicators (sharp fall in the price of housing in Spain, credit shortages, etc.) that, with all their severity in 2010, would evidence the deterioration of real estate expectations and of the construction industry in Spain [1] in the context of a global economic crisis and the property ...
Evolution of the price of square meter in Spain, in euros Stages of a speculative bubble. The Spanish property bubble is the collapsed overshooting part of a long-term price increase of Spanish real estate prices. This long-term price increase has happened in various stages from 1985 up to 2008.
Salto de Castro, or Poblado del Salto de Castro, is an abandoned village in the municipality of Fonfría, Zamora, Spain. It is located near the Castro Dam, in the lowest part of the Arribes of Douro. According to BBC News, the village is on the market after being empty for 30 years. [1]
Unfinished buildings due to the crisis in A Coruña.. The residential real estate bubble saw real estate prices rise 200% from 1996 to 2007. [19] [20]€651 billion was the mortgage debt of Spanish families in the second quarter of 2005 (this debt continued to grow at 25% per year – 2001 through 2005, with 97% of mortgages at variable rate interest).
Spain has arrested one of its top police officers after 20 million euros were found hidden in the walls of his house, as part of a probe into the country's largest-ever cocaine bust.. Described as ...
The bodies of two young brothers who went missing in floods that struck Spain's eastern Valencia region two weeks ago have been found, the Civil Guard confirmed on Wednesday. Ruben and Izan Matias ...
The village of Ollolai, located in central Sardinia, is offering real estate for as little as $1.06 in a pitch to woo Americans who fancy the ex-pat lifestyle in the wake of the Nov. 5 election ...
Kayaköy was abandoned as a result of the 1923 population exchange between Turkey and Greece and is now preserved as a museum village. Sazak near Karaburun, a district of İzmir Province on the Aegean (western) coast of Turkey, was also inhabited by Greeks, which left the area according to the population exchange treaty. Nowadays Sazak is a ...
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